Welcome to our dedicated page for Vertex news (Ticker: VERX), a resource for investors and traders seeking the latest updates and insights on Vertex stock.
Vertex, Inc. (VERX) delivers innovative tax technology solutions that power global compliance for businesses navigating complex indirect tax regulations. This dedicated news hub provides investors and professionals with authoritative updates on the company's strategic initiatives and market position.
Access real-time announcements including earnings disclosures, product enhancements, partnership developments, and regulatory compliance insights. Our curated collection serves as a definitive source for understanding how Vertex addresses evolving challenges in tax automation and enterprise resource integration.
Key updates cover critical areas such as cloud platform expansions, cross-border tax management innovations, and strategic collaborations with leading ERP providers. The repository enables stakeholders to track Vertex's role in transforming tax functions from compliance obligations to strategic business assets.
Bookmark this page for streamlined access to official Vertex communications and analysis of their impact on the tax technology sector. Regular updates ensure you maintain current awareness of developments affecting global tax automation solutions.
Vertex, a global tax technology solution provider, has launched Vertex Accelerator+ for SAP ERP, consolidating features of previous tools into one global solution. This tool simplifies tax management for businesses operating domestically and internationally by integrating tax calculation, reporting, and geo-location identification. Aimed at addressing common challenges like inaccurate tax calculations and manual data handling, Accelerator+ supports businesses' digital transformation and migration to SAP S/4HANA. It enhances operational efficiency, reduces costs, and ensures compliance. Existing customers can continue using their current solutions until they choose to migrate.
Vertex (NASDAQ: VERX), a global tax technology solutions provider, will present at two upcoming investor events: the Stifel 2024 Cross Sector Insight Conference on June 5, 2024, at 8:00 AM ET, and the 44th Annual William Blair Growth Stock Conference on June 6, 2024, at 10:40 AM CT. Both presentations will be webcast live and available for replay on Vertex's investor relations website.
Vertex, Inc. revealed the recognition of four female leaders on the 2024 Women of the Channel list by CRN. The honorees showcase exceptional vision and skills in the technology industry, emphasizing diversity and innovation.
Vertex Inc. (NASDAQ: VERX) announced strong financial results for the first quarter of 2024, with total revenues of $156.8 million, up 18.1% year-over-year. The company saw significant growth in software subscription and cloud revenues, along with an increase in Annual Recurring Revenue (ARR) and Average Annual Revenue per direct customer (AARPC).
Despite a loss from operations, Vertex reported positive Non-GAAP operating income, net income, and Adjusted EBITDA. The company provided positive financial outlook for the second quarter and full-year 2024, reflecting confidence in business growth.
FAQ
What is the current stock price of Vertex (VERX)?
What is the market cap of Vertex (VERX)?
